Rama Phosphates Limited engages in the manufacture and sale of fertilizers, chemicals, soya, and micronutrients in India. It operates through SSP Fertilizer, Chemicals, Power, Soya, and Micro Nutrients divisions. The company offers powder and granular single super phosphate fertilizers; various grades of nitrogen phosphorus potash mixed fertilizers; fortified fertilizers, such as boronated and zincated single super phosphate fertilizers; micronutrients, including magnesium sulphate, Sulphur dust, zinc sulphate, monohydrate, and zinc sulphate hepta-hydrate; and water soluble fertilizers. It also provides chemicals comprising sulphuric acid, oleum, and chlorosulphonic acid; and soya, lecithin, and de oiled cakes, as well as phospho gypsum and linear alkyl benzene sulphonic acid. Rama Phosphates Limited offers its products under the Girnar, Suryaphool, and Sampurn brand names. The company was incorporated in 1984 and is headquartered in Mumbai, India. As of 31 March 2022, Rama Phosphates Limited operates as a subsidiary of Silver Eagle Inc.
Rama Phosphates Dividend Announcement
• Rama Phosphates announced a annually dividend of ₹1.00 per ordinary share which will be made payable on 2023-09-17. Ex dividend date: 2023-08-10
• Rama Phosphates annual dividend for 2023 was ₹1.00
• Rama Phosphates's trailing twelve-month (TTM) dividend yield is -%
Rama Phosphates Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2023-08-10 | ₹1.00 | annually | 2023-09-17 |
2022-08-12 | ₹0.80 | annually | 2022-09-13 |
2021-11-23 | ₹1.20 | annually | 2021-12-02 |
2021-09-17 | ₹1.00 | annually | 2021-10-11 |
2021-04-09 | ₹1.00 | annually | 2021-04-22 |
2020-09-17 | ₹1.00 | annually | 2020-10-28 |
2019-09-17 | ₹1.00 | annually | 2019-10-28 |
2018-09-18 | ₹1.00 | annually | 2018-10-27 |
2017-09-19 | ₹1.00 | annually | 2017-10-28 |
Rama Phosphates Dividend per year
Rama Phosphates Dividend growth
Rama Phosphates Dividend Yield
Rama Phosphates current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Rama Phosphates stock? Use our calculator to estimate your expected dividend yield:
Rama Phosphates Financial Ratios
Rama Phosphates Dividend FAQ
Other factors to consider when evaluating Rama Phosphates as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
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1. Determination of Dividend: Rama Phosphates's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, Rama Phosphates publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, Rama Phosphates distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from Rama Phosphates are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
1. Record Date: Rama Phosphates sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, Rama Phosphates distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Rama Phosphates declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
To assess the safety of Rama Phosphates's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review Rama Phosphates's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.